Brokers

Affiliated Investment Group, Inc. “Credit Snapshot”

  • A- to B- credit  (640 Experian FICO minimum)
  • $20k to $250k transactions
  • App only to $75k and $100k (see below)
  • Credit first, collateral 2nd in philosophy
  • Franchise financing for established franchisors, non-1st through 3rd locations
  • Municipal & non-profit leasing
  • “Corp only” for companies with 10 yrs TIB, strong business credit and/or financial statements
  • Sales leasebacks with less than 90 days original purchase date; requires strong fin package and hard assets
  • Older equipment possible with strong financials
  • No hard credit rules - deficiency in one area can be overcome by compensating factors
  • We find ways to MAKE DEALS, not turn them down

 “App-only” targets

  • 675 FICO
  • 3 yrs TIB  $75k
  • 4 yrs TIB $100k
  • Low 5 bank
  • 65 Paydex
  • No open suits, liens, or judgments
  • Will consider as low as 640 FICO with complete financial package

 What we cannot do:

  • Owner operator / sleeper cab trucks             Marine                   Business Opportunities
  • Any equipment placed below ground             Nuclear                 Adult Oriented Businesses
  • Startups (< 2 years TIB)                               Working Capital    Sales Leasebacks > 90 days purchase date
  • Hauling                                                         Transportation       Restaurants < 3 TIB
  • Expansion locations = need to already have 3 locations and longest TIB = 5 yrs
  • Elevators